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49 Thornton Ave
Venice, CA 90291
Multifamily Property For Sale
·
5 Units
Property Facts
| No. Units | 5 | Lot Size | 0.10 AC |
| Property Type | Multifamily | Building Size | 2,880 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1902 |
| Building Class | C | Parking Ratio | 2.78/1,000 SF |
| Zoning | LARD1.5 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 2,880 SF |
| No. Stories | 2 |
| Year Built | 1902 |
| Parking Ratio | 2.78/1,000 SF |
| Zoning | LARD1.5 |
About 49 THORNTON AVE , VENICE, CA 90291
The Thornton Apartments are located in prime Venice steps away from Venice Beach and Boardwalk. The desirable unit mix includes One-2 bed/1 bath, One-1 bed/2 bath and Three-1 bed/1 bath. Unit features include hardwood floors, laundry hookups and ample unassigned parking. With 134% upside potential in rents, this property offers investors a value-add opportunity for immediate rent growth.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $1,442 | - |
| 1+2 | 1 | $1,500 | - |
Property Taxes
| Parcel Number | 4286-023-024 | Improvements Assessment | $446,205 |
| Land Assessment | $1,784,828 | Total Assessment | $2,231,033 |
Property Taxes
Parcel Number
4286-023-024
Land Assessment
$1,784,828
Improvements Assessment
$446,205
Total Assessment
$2,231,033
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